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Financial Education Council

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Credit unions have long been involved in the important task of providing financial education to their members, whether assisting with the teaching of financial education in Michigan schools, operating student branches within the schools with assistance from student volunteers, or offering financial counseling and budgeting classes.

  • Michigan credit unions collectively they operate 296 student credit union branches throughout the state.
  • 46% of CRI Survey respondents reported that a credit union employee(s) volunteered to teach financial education in the classroom in the last 12 months.
  • During the 2006-07 school year, 134 classroom presenters across the state conducted presentations for 42,000 students on personal finance.

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Community Reinvestment Initiative Mission Statement
  "To bring together public and private entities to explore opportunities for strengthening communities by improving the financial well being of Michigan residents with an emphasis on underserved areas."